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Kardex AG (KARN.S)

KARN.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Kardex H1 revenue up 3.4 pct at 170.5 million euros
Thursday, 11 Aug 2016 

Kardex AG : H1 revenue of 170.5 million euros ($190.45 million) was only slightly higher by 3.4 pct than in same period in previous year . In view of good order backlog, board of directors and group management expect group to continue developing positively in line with communicated financial targets . At 18.0 million euros, H1 operating result (EBIT) equates to a 10.6 pct profit margin and is 2.3 million euros respectively 14.6 pct higher than in same period last year .H1 net profit of 13.0 million euros is, however, still 5.7 pct up on same period in previous year.  Full Article

Kardex to propose FY 2015 dividend
Thursday, 10 Mar 2016 

Kardex AG:To propose to the General Meeting a payout of 3.00 Swiss francs per share (2.30 Swiss francs) to the shareholders.Payout will take the form of a reduction in the nominal value.Current nominal value of Kardex shares is 10.35 francs, which still leaves margin for further tax-free payouts.  Full Article

Swiss stocks - Factors to watch on Aug 10

ZURICH, Aug 10The Swiss blue-chip SMI was seen opening 0.1 percent lower at 9,020 points on Thursday, according to premarket indications by bank Julius Baer .